Friday, April 16, 2021 9:13:00 AM
Company not dying - but I do think they sort of reset in Q1. It became clear the Pilot trading app was not going to be a significant revenue driver or gain adoption so they smartly, IMO, pivoted to the crypto space and partnered with a legitimate company.
I think the Pilot trading app as a stand alone is being phased out though the integrations will remain.
I think the .08-.12 range will be where this sits until after the annual/q2 report. Hopefully they can show some small progress but I think it will take until Q3 report and being able to show significant progress in revenue generation. This more or less aligns with their corp presentation.
Unfortunately, the company is below average on promoting their products and company but hopefully now they have reset a bit that will change. I said this a year ago, and still sort of believe them being acquired still makes a lot of sense. Good technology, good vision, bad business operations.
I have some money parked here but do not plan on watching daily ticks. This stock has always required patience and sadly I think it still does. I do think it'll have another day in the sun. GL to all.
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